N.D. Cent. Code § 57-39.2-26.3

Current through 2024 Legislative Session

Section 57-39.2-26.3 - [Expires effective 7/1/2027] County aid distribution fund - State treasurer - Continuing appropriation

1. There is created in the state treasury the county aid distribution fund. The fund consists of all moneys transferred to the fund under subsection 2. All moneys in the fund are appropriated to the state treasurer on a continuing basis for the purpose of providing allocations to an eligible county.

2. Notwithstanding any other provision of law, a portion of sales, gross receipts, use, and motor vehicle excise tax collections, equal to one-fourth of one percent of an amount determined by multiplying the quotient of one percent divided by the general sales tax rate, that was in effect when the taxes were collected, times the net sales, gross receipts, use, and motor vehicle excise tax collections under chapters 57-39.2, 57-39.5, 57-39.6, 57-40.2, and 57-40.3 must be deposited by the state treasurer in the county aid distribution fund. The tax commissioner shall certify to the state treasurer the portion of sales, gross receipts, use, and motor vehicle excise tax net revenues that must be deposited in the county aid distribution fund as determined under this subsection.

3. At least quarterly, the state treasurer shall allocate the moneys in the fund to the county with the lowest ratio of taxable property values per capita and a population of more than ten thousand.

4. The county treasurer shall deposit all revenues received under this section in the county general fund.

5. For purposes of determining taxable property values under this section, the state treasurer shall use the most recent data published by the tax commissioner in the tax levy report.

6. For purposes of determining the county's population under this section, the state treasurer shall use the most recent actual or estimated census data published by the United States census bureau.

N.D.C.C. § 57-39.2-26.3

Amended by S.L. 2023 , ch. 550( HB 1359 ), § 1, eff. 7/1/2023.

Added by S.L. 2021 , ch. 476( HB 1449 ), § 1, eff. 7/1/2021 (applicable to net sales, gross receipts, use, and motor vehicle excise tax collections received by the tax commissioner after 6/30/2021) and expires 7/1/2027.

See S.L. 2021 , ch. 476( HB 1449 ), § 2.